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December 26, 2025
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Iran oil
Owji: Ethane extraction from South Pars Field to yield up to $300M profit Annually
Monday, 03 July 2023 15:45
IP- In a recent ceremony, Iran's oil minister, Javad Owji, announced that the extraction of ethane from nine refineries in the South Pars (SP) gas field would generate an impressive profit of $250-$300 million per year.
16% jump in Iran oil output capacity by end of 7th Development Plan
Saturday, 01 July 2023 12:59
Tehran (IP)- A 16 percent leap in Iran’s oil production capacity is the target set by the 7th National Development Plan (2023-2027).
Iranian Oil Min reports installation of South Pars 11 platform
Wednesday, 28 June 2023 13:56
Tehran (IP) - Iran's Oil Minister says installing the South Pars (SP) Phase 11 gas field platform is the ministry's good news for the people on Eid al-Adha.
EI report shows 4.6% rise in Iran oil output
Tuesday, 27 June 2023 08:10
IP- Iran's oil production increased by 4.6% in 2022, according to the Energy Institute's Statistical Review of World Energy published on Monday.
Iran exports more than 2.8 million refinery units to revive Venezuelan refineries
Tuesday, 13 June 2023 21:09
Tehran (IP) - Referring to the Iranian president's visit to Venezuela, the oil minister of Iran stressed the signing of very important documents and contracts in the upstream and downstream sectors of oil.
Iran, Venezuela sign several oil contracts
Tuesday, 13 June 2023 15:15
IP- Iran and Venezuela signed several contracts on Monday to cooperate in the oil sector.
Iran and Russia set to sign multiple oil agreements
Thursday, 18 May 2023 21:03
TEHRAN (IP) - The National Iranian Oil Company (NIOC) has announced that it will be entering into several oil contracts with Russia.
Iran Oil Show 2023, exhibiting Iran's latest achievements
Thursday, 18 May 2023 19:26
Tehran (IP) - The 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, Iran Oil Show 2023, kicked off on May 17, 2023, with the "Oil Industry; Technological Production, Optimal Consumption" motto. 214
Tehran, Moscow ink 10 MoUs on oil
Wednesday, 17 May 2023 21:30
Tehran (IP) - Iran and Russia on Wednesday signed 10 agreements and memorandums of understanding (MoUs) on cooperation in the oil industry.
28 Russian firms attend Iran Oil Show 2023
Wednesday, 17 May 2023 20:55
Tehran (IP) - Twenty eight Russian companies have taken part in the 27th Iran International Oil, Gas, Refining and Petrochemical Exhibition, also known as Iran Oil Show 2023, and will hold talks with Iranian exporters and economic experts on the development of trade and industrial ties.
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